Pixelworks Completes Acquisition of ViXS Systems

SAN JOSE, Calif.–(BUSINESS WIRE)–Aug. 2, 2017– Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, and Toronto-based ViXS Systems Inc. (TSX: VXS), a pioneer in media processing, encoding and transcoding solutions, today announced that Pixelworks has completed its acquisition of ViXS by way of a Canadian plan of arrangement (the “Transaction”).

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